SO Southern dividend history, payout ratio & dates
Southern's latest dividend of $0.72 per share was on Nov 18, 2024 (ex-date). The annualized dividend distribution of $2.86 per share represents a current dividend yield of 3.24%.
Key dates
- SO last dividend date: Nov 18, 2024
SO dividend stats
vs. Utilities sector
Dividend yield
SO has a dividend yield of 3.24% which is above the Utilities sector and the industry average but below its peers average. Compared to its Utilities sector average of 3.07%, Southern's dividend yield is 6% higher. The current dividend yield is below the historical average of 3.9% of the last 5 years.
Dividend history
Southern has a history of paying dividends since 1994. Our records of SO show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.9% since twelve months ago. But with the price of the stock up by 27% from a year ago, the dividend yield has a decrease of 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 18, 2024 | $0.72 | 3.25% |
| Aug 19, 2024 | $0.72 | 3.27% |
| May 17, 2024 | $0.72 | 3.55% |
| Feb 16, 2024 | $0.7 | 4.21% |
| Nov 17, 2023 | $0.7 | 3.98% |
| Aug 18, 2023 | $0.7 | 4.07% |
| May 12, 2023 | $0.7 | 3.74% |
| Feb 17, 2023 | $0.68 | 4.08% |
| Nov 18, 2022 | $0.68 | 4.12% |
| Aug 12, 2022 | $0.68 | 3.43% |
| May 13, 2022 | $0.68 | 3.61% |
| Feb 18, 2022 | $0.66 | 4.14% |
| Nov 12, 2021 | $0.66 | 4.23% |
| Aug 13, 2021 | $0.66 | 3.97% |
| May 14, 2021 | $0.66 | 3.96% |
| Feb 12, 2021 | $0.64 | 4.26% |
| Nov 13, 2020 | $0.64 | 3.97% |
| Aug 14, 2020 | $0.64 | 4.71% |
| May 15, 2020 | $0.64 | 4.76% |
| Feb 14, 2020 | $0.62 | 3.59% |
| Nov 15, 2019 | $0.62 | 3.95% |
| Aug 16, 2019 | $0.62 | 4.24% |
| May 17, 2019 | $0.62 | 4.5% |
| Feb 15, 2019 | $0.6 | 4.94% |
| Nov 16, 2018 | $0.6 | 5.08% |
| Aug 17, 2018 | $0.6 | 5.02% |
| May 18, 2018 | $0.6 | 5.48% |
| Feb 16, 2018 | $0.58 | 5.28% |
| Nov 17, 2017 | $0.58 | 4.51% |
| Aug 17, 2017 | $0.58 | 4.76% |
| May 11, 2017 | $0.58 | 4.54% |
| Feb 16, 2017 | $0.56 | 4.64% |
| Nov 17, 2016 | $0.56 | 4.68% |
| Aug 11, 2016 | $0.56 | 4.21% |
| May 12, 2016 | $0.56 | 4.36% |
| Feb 11, 2016 | $0.543 | 4.52% |
| Nov 12, 2015 | $0.543 | 4.9% |
| Aug 13, 2015 | $0.543 | 4.63% |
| May 14, 2015 | $0.543 | 4.9% |
| Feb 12, 2015 | $0.525 | 4.51% |
Southern dividend payout ratio
Payout ratio
SO has a payout ratio of 66.4% which is higher than the Utilities sector average but lower than the industry and its peers average. But in comparison with the Utilities sector average of 63.3%, Southern's payout ratio is only 4.9% higher.
Total amount of dividends paid per financial year (from cash flow)
SO dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| D Dominion Energy Inc | 4.55% | $2.67 | 95% |
| FE Firstenergy Corp | 4% | $1.69 | 108.7% |
| AEP American Electric Power Co Inc | 3.64% | $3.57 | 71.5% |
| DUK Duke Energy CORP | 3.59% | $4.14 | 76.1% |
| SO Southern Co | 3.25% | $2.86 | 66.4% |
| ETR Entergy Corp | 3.01% | $4.59 | 55.6% |
| PPL PPL Corp | 2.91% | $1.01 | 90.4% |
| NEE Nextera Energy Inc | 2.61% | $2.01 | 59.4% |
| NRG Nrg Energy Inc | 1.71% | $1.63 | 40.1% |
Frequently asked questions
Does Southern pay a dividend?
Yes, Southern has been paying dividends for the last 30 years.
When was SO's last dividend?
Southern's last regular dividend was on Nov 18, 2024 (ex-date) with the amount of $0.72 per share.
How much dividend does Southern pay (per share)?
SO's annualized dividend per share is $2.86.
What is Southern's dividend yield?
The current dividend yield of Southern is 3.24%.
How often does Southern pay dividends?
Southern pays four dividends per year.
What is Southern's dividend payout ratio?
The dividend payout ratio of Southern is 66.4%.
Does Southern pay a good dividend?
Southern's dividend yield is above the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.